November 17 (Friday)

Latest Morning Briefing Executive Summary: Retailers, Semis & Quantum Computing
With consumers employed and feeling flush, the holiday selling season is starting off well. The recent quarterly earnings reports of a few big retailers were mixed, with TJX reporting good customer traffic while Home Depot and Target beat expectations. … Also: The S&P 500 Semiconductor industry’s price index has nearly doubled this ytd! But while some of its member stocks have posted outsized ytd gains, others have ytd drops. Jackie explores what’s fueling the price action. … And: Quantum computing is advancing by leaps and bounds. So is AI. Combine the two, as some companies are doing, and the innovation potential is astronomical.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on November 13.

Markets
Is the Stage Set for a Year-End Rally? | W
What’s Behind the Market’s Wild Overreactions | W
Column: Geopolitical angst more a market feature than shock | R
 
Central banks
Powell Fed Votes Together on Interest Rates During Inflation Fight | B
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet | C
BOJ’s Ueda Says Weak Yen Isn’t Only Negative for Japan’s Economy | B
 
Global
Factories Stay on Sidelines of Recovery: Bloomberg Trade Tracker

US I
Amid High Mortgage Rates, Higher Share of Americans Outright Own Homes | B
Congrats, Your House Made You Rich. Now Sell It. | W
US jobs data may be miscounting millions of ‘gig’ workers, research suggests | R
Tipping once rewarded good service. Now it predicts how you’re treated | C

US II
Where Have All the Foreign Buyers Gone for U.S. Treasury Debt? | W
Ray Dalio says U.S. reaching a point where our debt problem gets even worse | C
Opinion | Why Great G.D.P. Growth Isn’t Good Enough for Bidenomics | N

China
Is China Ready for Combat? Russia-Ukraine War Is a Lesson for Xi’s Military | B

Geopolitics & trade
Israel Says It Is Close to Dismantling Hamas Military System in Northern Gaza | W
Xi’s Warm Words Jar With Reality for Foreign Companies in China | B
Avoiding China Has Been a Winning Investment Strategy. But It Isn’t Easy. | W
Podcast: Biden’s ‘Organic’ Strategy for US-China Diplomacy | B

Industries & companies
Autos: Are Americans Falling Out of Love With EVs? | W
Autos: Cadillac Optiq: New entry-level EV crossover | C
Consumer: Amazon.com to cut ‘several hundred’ Alexa jobs | R
Pharma: Retail investors crowd into Eli Lilly after weight-loss drug approval | R
Real Estate: Almost No One Pays a 6% Real-Estate Commission—Except Americans | W
Retail: Gap Is Righting the Ship With Old Navy | W

Technology
Why Brain-Reading Devices Could be the Next Big Thing in Optimizing Your Life | W
AI is about to completely change how you use computers | Bill Gates